Pi Network Price Holds $0.21 Support, Eyes $0.25 Breakout
Pi Network price has stabilized at the $0.21 support zone, aligning with the 0.618 Fibonacci retracement level and a bullish order block. Sustained trading volume will be crucial to confirm buyer demand.
A daily close above $0.21 could trigger a rally toward the next resistance at $0.25, which marks a key liquidity area and potential breakout point. Conversely, a break below $0.21 may lead to a retest of the secondary support near $0.19. Traders should monitor volume trends and daily candle closes to gauge momentum and plan entry or exit strategies.
Bullish
The stabilization of Pi Network price at a critical $0.21 support, combined with rising bullish volume and alignment with key technical indicators like the 0.618 Fibonacci retracement and a bullish order block, suggests strong buyer interest. The potential breakout above $0.25 could confirm an emerging uptrend, supporting bullish sentiment in both the short and medium term. However, a drop below $0.21 would challenge this outlook and could trigger a deeper correction toward $0.19. Overall, the technical setup and volume dynamics favor a bullish bias for PI in the near term.